Press Releases

New York City, NY – June 3, 2012 – Talos Partners announced today that POP Radio, LP has acquired
certain assets of Talos-owned InStore Broadcasting Network (“IBN”). The newly
combined POP Radio/IBN entity has been rebranded as the InStore Audio
Network. This network is now the largest in-store audio advertising
provider in the U.S. as it delivers advertising messages into over 33,000
grocery, drug, convenience and mass merchandiser stores. It also delivers
in-store music to 14,000 of those stores.

The
InStore Audio Network is based in Salt Lake City, UT and is managed by Gary
Seem, President/CEO, and Jeff Shapiro, Chairman. With this acquisition,
the executive management team also now includes Steve Villa as a Senior Advisor
to the company. Steve was formerly the CEO/COO/CFO of Muzak. "We are
excited by the combination of POP Radio and IBN,” reports Jeff Shapiro,
Chairman of the InStore Audio Network. “The creation of this new audio
messaging network delivers the largest audience of any audio product available
to consumer packaged goods (CPG) and health & beauty products (HBP)
advertisers.” Shapiro added.

Talos
Partners continues with a leadership role in retail media with its ownership of
InTouch LLC, an in-store interactive company delivering brand engagement and
digital coupons at the shelf.InTouch’s Online at the Shelf touch-screen network has already proved highly
successful in a pilot in Kroger Stores this spring.

About Talos Partners

Talos Partners is a Merchant Bank
headquartered in New York City. Talos owns and operates several subsidiary
companies including Talos Capital, Talos Pacific Real Estate, and various Talos
Special Opportunity Funds. The company has offices in New York City, Chicago,
and Los Angeles and investment partners in Latin America and Europe. The firm
is managed and operated by a renowned, diverse, accomplished group of business
and government leaders with proven track records. Talos is often known for
unique and creative investing and financial structure and strategic combination
of assets or businesses. Talos’ investment charter includes small, mid, and
large cap companies with capital needs for growth or acquisition.

About the InStore Audio Network

The
InStore Audio Network is the largest in-store audio advertising provider in the
United States and delivers commercial audio messages to shoppers in over 33,000
grocery, drug, convenience and mass merchandiser stores. The InStore Audio
Network provides music programming and equipment, retail specific messaging and
third party ad sales to retailers such as Walgreen, Kroger, CVS, Pathmark,
Duane Reade, Wegmans, Rite Aid and Food Lion. The InStore Audio Network
has corporate offices in Salt Lake City, UT and is headed by Jeffrey Shapiro,
Chairman and Gary Seem, President/CEO.